Aqua Cultured Foods Raises $ 2.1 Million in Pre-Seed Round to Build ‘Whole’ Alternative Seafood Operation
The funding – from investors such as Supply Change Capital, Aera VC, Sustainable Food Ventures, Hanfield Venture Partners, Lifely VC, Conscience VC, Kingfisher Capital, Hyde Park Angels, Gonzalo Ramirez Martiarena and Big Idea Ventures – will help the company to test the marketing of its wares on a small scale next year.
Aquatic Culture Foods– which develops everything from tuna and whitefish fillets to alternatives to shrimp, squid and scallops to popcorn – targets foodservice and retail markets, including the chilled fresh set for the grocery store, has said founder Anne Palermo, who will explain how her technology works today in FoodNavigator-USA’s’The next step for seafood alternatives? ‘Webinar (register here).
Unlike synthetic biology companies which genetically modify microbes to express target proteins or other compounds, Aquatic Culture Foodsidentified a strain of fungi that naturally grows into a fibrous biomass that can be harvested in its entirety as a whole non-GMO food ingredient.
Per serving, Aqua products will contain 18-20g of protein, 10-12g of fiber and free of sodium, saturated fat and cholesterol, a range of B vitamins, including B12 – and added omega-3s. (In comparison, a serving of cod contains 18g of protein, 0.7g of fat, nearly 43mg of cholesterol, 54mg of sodium, 0.19g of omega-3, and no fiber).
Interested in alternatives to seafood?
Aqua Cultured Foods will join us today (Wednesday, October 27) at 10:00 a.m. PT / 1:00 p.m. ET in Part Three of the FoodNavigator-USA TV Series: Disrupt the case of meat and dairy products: from vegetable bacon to “real” cheese (minus the cows)
The session begins with a fireside chat with Marika Azoff to Institute of good food.
This will be followed by an expert panel discussion exploring everything from formulation and consumer insight, merchandising, nutrition and transformative capacity challenges, with:
- David Benzaquen, co-founder Hug Ocean, Founder and managing director, Mission: Plant LLC
- Chad Sarno, co-founder and chef, Good catch
- Michelle Loup, co-founder and CEO, New Wave Food
- Anne Palermo, Co-founder and CEO, Aquatic Culture Foods
Find out moreand REGISTER HEREFor our FREE 3-part series “Disrupting the Meat and Dairy Business”.
- October 13: What’s next for meat substitutes? From plant-based burgers to mushroom bacon. WATCH ON REQUEST! if you register here, Click on the gray tab ‘on demand’, then ‘connection’ to the session).
- 20 october: What’s the next step for dairy alternatives? From oat milk to “real” cheese (minus the cows). WATCH ON REQUEST! if you register here, Click on the gray tab ‘on demand’, then ‘connection’ to the session).
- October 27: What’s next for seafood alternatives? From tuna to shrimp– with the Good Food Institute, Good Catch, Ocean Hugger, New Wave Foods and Aqua Cultured Foods. Register here!